
Genus Power Infrastructures Ltd reported a consolidated net profit of ₹56.66 crore in Q3 FY24, a remarkable turnaround from a loss of ₹99.2 crore in the same period last year. The company demonstrated strong performance across key financial metrics, driven by robust revenue growth and improved operational efficiencies.
Key Financial Highlights:
- Net Profit: ₹56.66 crore, up significantly from a loss of ₹99.2 crore in Q3 FY24.
- Revenue from Operations: ₹604.20 crore, up 132.7% YoY from ₹259.78 crore.
- Total Income: ₹617.06 crore, up 129% YoY from ₹271.89 crore.
- Profit Before Tax: ₹72.08 crore, compared to ₹10.94 crore in the same quarter last year.
This significant recovery and revenue growth highlight the company’s ongoing expansion in power infrastructure, with an emphasis on effective project delivery and strategic growth initiatives.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your research or consult a financial advisor before making investment decisions.